Foxconn unit invests US$30 million in Hong Kong-based Robocore

By Xinmei Shen

Foxconn unit invests US$30 million in Hong Kong-based Robocore

A unit of Foxconn Technology Group, the world’s largest electronics contract manufacturer, is investing US$30 million in Hong Kong-based Robocore Technology, marking the Taiwanese company’s foray into the smart robotics market.
Foxconn Technology – an independently listed firm in Taipei that is 9.88 per cent owned by the Apple and Nvidia supplier – made the investment as part of the recently completed Series D funding round of Robocore, which is headquartered in the Hong Kong Science Park.
“This…

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